YEARLY HIGH
338.4365 UZS
YEARLY LOW
308.0445 UZS
YEARLY AVERAGE
321.0764 UZS

2023 NIO to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 338.4365. Conversely, the yearly low was recorded on January 2, dropping to 308.0445.

This high-to-low spread represents a total annual volatility of 30.3920 UZS. From a start-to-finish perspective, comparing the January average rate of 309.8664 to the December average rate of 336.9113, the exchange rate registered a net change of 8.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 338.4365 was up 5.01% compared to the 2022 peak of 322.2782, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NIO based on timing:

Yearly Peak High 1,692,182 UZS
2022 Average 1,540,489 UZS
Yearly Trough Low 1,540,222 UZS
Transaction Impact: A difference of 151,960.04 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

339.6158
307.1619
JanuMarcMayJulySeptNove

NIO to UZS Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 311.9301, compared to 330.2228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.2927 points.

H1 Avg (Jan–Jun) 311.9301
H2 Avg (Jul–Dec) 330.2228

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 14.7206 UZS (High: 330.9615 / Low: 316.2409). On the other end, November was the most stable month, with a tight range of 2.0325 UZS (High: 336.2061 / Low: 334.1736).

August Spread (Volatile) ±14.7206
November Spread (Stable) ±2.0325

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 336.9113) against the same month in 2022 (average: 308.6685), the exchange rate shifted by +28.2428 (+9.15%).

2023 Avg (December) 336.9113
2022 Avg (December) 308.6685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 311.5385 308.0445 309.8664
February 312.2595 308.7089 310.7002
March 313.1503 310.1388 311.8485
April 313.7497 310.9381 312.3440
May 314.5007 311.8436 313.1116
June 315.3794 311.9281 313.7097
July 318.3562 314.1163 316.8245
August 330.9615 316.2409 325.7362
September 334.0254 330.7132 332.5991
October 335.4805 332.8879 333.9211
November 336.2061 334.1736 335.3444
December 338.4365 334.6933 336.9113